asked the Taoiseach if he will state the purchasing power of the £1 as at mid-May, 1958, in terms of its purchasing power at (a) July, 1914, and (b) a convenient date in 1938.
Ceisteanna—Questions. Oral Answers. - Purchasing Power of £1.
In mid-May, 1958, £1 would purchase approximately the same quantum of goods and services as 4/3½ in July, 1914, or 7/4 in mid-May, 1938.